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NEW QUESTION 178
What is a pallet called when it contains more than one type of product going to a singledestination?
- A. transport pallet
- B. secondary pallet
- C. full pallet
- D. mixed pallet
Answer: D
NEW QUESTION 179
Cost reduction, improvement of company focus, and freeing assets from noncore activities are among the results achieved through effective implementation of:
- A. collaboration.
- B. outsourcing.
- C. service supplier management.
- D. supply chain management.
Answer: A
NEW QUESTION 180
Which of the following factors is the most important driver of supply chain change?
- A. Competitor actions
- B. Government regulations
- C. Health and safety concerns
- D. Customer perceptions of value
Answer: D
NEW QUESTION 181
A supplier disputes a low rating generated by a company's enterprise resources planning (ERP) system. Which of the following actions by the purchasing agent is most appropriate?
- A. Tell the supplier that, regardless of the disputed claims, the supplier must improve performance.
- B. Scrap the vendor rating system until the company can figure out what is wrong.
- C. Advise the ERP information technology manager that there is a flaw in the rating system.
- D. Compare the vendor and company detail records, and interview company employees who handled the data.
Answer: D
NEW QUESTION 182
All of the following are examples of functional products that have become innovative productsover time EXCEPT:
- A. Mrs. Field's cookies
- B. Starbucks Coffee
- C. Ben & Jerry's ice cream
- D. Colgate toothpaste
Answer: D
NEW QUESTION 183
Which of the following are components of a perfect order?
I. right product
II. right time
III.
right quantity
- A. I, II and III
- B. I
- C. I and II
- D. II
- E. I and III
Answer: A
Explanation:
Article 1: what is the right supply chain management product for u
NEW QUESTION 184
Using an independent service provider for logistics would be most appropriate in which of the following situations?
- A. A financial services company that wants to expand its services
- B. A business that owns plants and warehouses globally
- C. A cable television company that wants to add services
- D. A shoe company that wants to penetrate a foreign market
Answer: D
NEW QUESTION 185
Which of the following distribution approaches for a low-volume, high-variety product line typically will result in the highest level of customer service and the lowest total distribution costs?
- A. Outsourcing the distribution function
- B. Shipment from a central distribution warehouse
- C. Shipment through a multi-echelon distribution network
- D. Direct shipment from plant to customers
Answer: D
Explanation:
Section: Supply Chain Strategy, Design, and Compliance
NEW QUESTION 186
The ___________ nature of supply chain management demands ___________ support beforecompanies can create a world-class supply chain.
- A. unstable, stable
- B. cross-functional, functional
- C. functional, cross-functional
- D. stable, unstable
Answer: B
NEW QUESTION 187
Which of the following situations is an example of inventory being held as a way to balance supply and demand?
- A. A manufacturer holds inventory of key components to maintain a level production schedule.
- B. A manufacturer of seasonal products builds finished-goods inventory before the peak selling period.
- C. A retailer stocks a variety of sizes and colors of a fast-selling item to avoid losing sales.
- D. A distributor maintains safety stock of slow-moving items at a central distribution center.
Answer: B
Explanation:
Section: Fundamentals of Supply Chain Management
NEW QUESTION 188
What is the most common language used by end users to access the contents of adatabase?
- A. data dictionary
- B. structured query language
- C. java programming language
- D. data manipulation language
- E. data definition language
Answer: B
NEW QUESTION 189
A company recently implemented a new supplier rating system. Data was collected from the enterprise resources planning system about each vendor's rating for cost, quality, and delivery over 12 months. A cutoff point was established for poor performers. The responsible purchasing agent then scheduled meetings with each supplier. Which of the following actions is most appropriate to take with suppliers whose ratings were below the cutoff point?
- A. Ask the suppliers to explain the poor performance.
- B. Tell the suppliers they are on probation for 3 months.
- C. Discuss ways to raise the ratings for the next review period.
- D. Immediately cancel outstanding contracts with those suppliers.
Answer: C
Explanation:
Section: Implementation and Operations
NEW QUESTION 190
Which of the following objectives is a major principle of theory of constraints (TOC) accounting when applied to a supply chain?
- A. Maximize revenue generation
- B. Total inventory reduction
- C. Product design simplification
- D. Maximize process utilization
Answer: C
NEW QUESTION 191
All of the following are reasons why sales begin to decline EXCEPT:
- A. product becomes technologically outdated
- B. market becomes saturated
- C. customers become aware of the product and its benefits
- D. customers' tastes change
Answer: C
NEW QUESTION 192
All of the following are characteristics of innovative products EXCEPT:
- A. demand is unpredictable
- B. demand is stable
- C. product variety is high
- D. higher profit margins
- E. life cycle is short
Answer: B
NEW QUESTION 193
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